Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Terreno Realty
TRNO
$7.58B
| $55.2M | 0.02% |
1,048,881
+19,690
| +2% | +$1.02M |
|
1127
Axos Financial
AX
$5.58B
| $55M | 0.02% |
2,490,586
+151,370
| +6% | +$3.08M |
|
|
GRUB
1128
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $54.9M | 0.02% |
390,456
+89,538
| +30% | +$9.49M |
|
1129
Edison International
EIX
$30.3B
| $54.8M | 0.02% |
1,008,232
+16,767
| +2% | +$965K |
|
1130
Interparfums
IPAR
$4.07B
| $54.7M | 0.02% |
1,136,979
-22,097
| -2% | -$996K |
|
1131
Baker Hughes
BKR
$58.3B
| $54.7M | 0.02% |
3,555,175
+174,235
| +5% | +$2.55M |
|
1132
Kadant
KAI
$3.58B
| $54.6M | 0.02% |
547,576
+9,649
| +2% | +$859K |
|
1133
LGI Homes
LGIH
$1.35B
| $54.5M | 0.02% |
619,617
+178,873
| +41% | +$12.5M |
|
1134
SEI Investments
SEIC
$12.3B
| $54.4M | 0.02% |
990,169
+45,052
| +5% | +$2.35M |
|
1135
Alarm.com
ALRM
$2.75B
| $54.2M | 0.02% |
836,670
+20,725
| +3% | +$1.04M |
|
1136
F5
FFIV
$22B
| $54.2M | 0.02% |
388,546
-3,188
| -0.8% | -$429K |
|
1137
Fidelity National Financial
FNF
$14.4B
| $54.1M | 0.02% |
1,835,917
+150,721
| +9% | +$4.15M |
|
1138
Axcelis
ACLS
$3.44B
| $54.1M | 0.02% |
1,942,331
-182,357
| -9% | -$4.45M |
|
|
VG
1139
DELISTED
Vonage Holdings Corporation
VG
| $54.1M | 0.02% |
5,375,711
+42,794
| +0.8% | +$384K |
|
1140
Franklin Resources
BEN
$16.8B
| $54M | 0.02% |
2,577,263
-35,508
| -1% | -$670K |
|
1141
CorVel
CRVL
$3.18B
| $54M | 0.02% |
2,284,956
-32,652
| -1% | -$643K |
|
|
ECHO
1142
EchoStar
ECHO
$24.3B
| $53.8M | 0.02% |
1,923,608
+45,684
| +2% | +$1.39M |
|
1143
ePlus
PLUS
$2.43B
| $53.8M | 0.02% |
1,521,080
-19,932
| -1% | -$681K |
|
1144
CMS Energy
CMS
$23B
| $53.7M | 0.02% |
919,509
-2,974
| -0.3% | -$172K |
|
1145
Western Alliance Bancorporation
WAL
$8.81B
| $53.7M | 0.02% |
1,417,836
+101,940
| +8% | +$3.57M |
|
|
SNBR
1146
DELISTED
Sleep Number
SNBR
| $53.6M | 0.02% |
1,288,191
-114,796
| -8% | -$3.65M |
|
1147
NorthWestern Energy
NWE
$4.34B
| $53.5M | 0.02% |
981,778
-25,628
| -3% | -$1.48M |
|
|
KAMN
1148
DELISTED
Kaman Corp
KAMN
| $53.5M | 0.02% |
1,286,241
-15,391
| -1% | -$596K |
|
1149
Kratos Defense & Security Solutions
KTOS
$8.23B
| $53.3M | 0.02% |
3,410,521
-96,128
| -3% | -$1.54M |
|
|
CSGS
1150
DELISTED
CSG Systems International
CSGS
| $53.3M | 0.02% |
1,287,721
-4,515
| -0.3% | -$207K |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.